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$449,000

Beds
1
Baths
1.0
sq ft
874

3801 S Ocean Dr Unit 9K, Hollywood, FL 33019

3801 S Ocean Dr Unit 9K

Hollywood, FL 33019

  • 92 days on market
    • Price drop $6,000↓
Welcome to your new home! The Best Price and Ready for new owners with the upcoming high season fast approaching. Income Producing Investment Opportunity in Hollywood with Direct Ocean Views. Discover unparalleled luxury in this fully furnished, renovated one-bedroom, one-bath unit with breathtaking ocean views. Enjoy state of the art amenities, including a gym, pool, and business center. Maintenance covers valet parking, hot water, basic cable, and AC. Ideal for investors with permitted daily rentals. Experience Hollywood's coastal charm in this exclusive residence – a perfect blend of elegance and convenience. You can live here all year around, and also use this property as a short term rental. Revenue monthly is from 4000 to 6000 depending on the season.

Details

Property type

Condominium

Est. home value

$520,753

Lot size

Unknown

Price per sq ft

$514

Year built

1969

Annual property taxes

$8,965

Monthly HOA fee

$930

Price History

09/17/2024
SEF

SEF #A11618694

Price change
$449,000
-1.32%
09/09/2024
SEF

SEF #A11618694

Price change
$455,000
-2.15%
09/03/2024
SEF

SEF #A11618694

Price change
$465,000
-1.48%

Schools & Community

Neighborhood: 

South Central Beach

Elementary school: 

Hollywood Centl

Middle school: 

Olsen

High school: 

Hallandale High

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$151,619
Asking price
$449,000
Closing costs (~8% of asking)
-$35,920
Est. remaining loan balance
-$261,461
Cash to seller
$151,619

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Suntrust Mortgage Inc

Loan start date

October 2007

Original loan amount

$391,500

Est. remaining balance

$261,461

Interest rate

6.52%

Loan type

Not Provided, 30 year

Seller

Barbara D Santana and Alejandro Santana

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 10/04/2024 at 8:00 PM

Listing updated: 09/30/2024 at 4:09 PM

Listed by: Michael Krimus, Gold Palm Realty Phone #: (305) 929-3332

MLS: SEF #A11618694

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